With a continuing boom in the market and rising demand from the newly prosperous, China’s luxury consumer market looks increasingly buoyant, according to the 2009 21st Century Deluxe Report.
The report shows a shift in Chinese consumers’ attitudes to luxury purchases, one that has seen them graduate from mindlessly chasing fashion to making far more informed [...]
Seventy-seven percent of Hong Kong consumers are spending the same on necessities while 54% continue to spend on luxury items despite the economic downturn, according to a global survey by leading market research firm Synovate. Interestingly, when asked whether they are worried about the economy, 58% of consumers say they are, but they just can’t [...]
The 2009 China Luxury Forecast, jointly conducted by Ruder Finn Asia and Albatross Global Solutions, shows that the gap between the tier 1 and tier 2 luxury markets is narrowing. Consumers in tier 2 cities are becoming more mature in areas such as consumer perception and purchasing power. The survey interviewed 1,000 luxury consumers with [...]
The newest skin care in collaboration with renowned manga artist and beauty expert Moyoco Anno, shu uemura introduces playful new packaging. Inspired by “Kamons” which are Japanese family emblems, Anime artist/fashion writer/beauty guru Moyoco Anno designed each product’s packaging to depict representations of playfully sophisticated and modern Kamon Girls characters influenced by the color of the [...]
SHANGHAI (AFP) — Foreign luxury brands looking to win in China need to reach into cities that are barely known to the rest of the world but are home to startling and fast-growing wealth, a series of studies shows.
The majority of China’s rich now live outside of the mega-cities such as Beijing, Shanghai and Guangzhou, [...]
